Company report

Is Knit Picks (KnitPicks.com) owned by private equity?

Private equity owned?
YES

Last checked Oct 4, 2026

Knit Picks (KnitPicks.com)knitpicks.com

Knit Picks (KnitPicks.com) is currently listed as private-equity-owned.

Ownership & Acquisition History

Current ownerLocal Crafts Group (formerly Premier Needle Arts), a portfolio company controlled by Blue Point Capital Partners
Private equity ownerBlue Point Capital Partners
PE ownership dateFebruary 27, 2017
Company founded2002 by Kelley Petkun and Bob Petkun in Vancouver, Washington, United States

Knit Picks is currently part of Local Crafts (formerly Premier Needle Arts), which is controlled by the private equity firm Blue Point Capital Partners.

Notes

  • Blue Point Capital Partners’ portfolio page for Local Crafts lists Knit Picks as one of Local Crafts’ leading knitting/crochet brands, supporting that Knit Picks sits inside a Blue Point-controlled platform.
  • A PE Professional deal article describing Blue Point/Premier Needle Arts’ acquisition of Crafts Americana Group (CAG) lists KnitPicks.com among CAG’s websites, supporting that Knit Picks became part of the Blue Point-owned platform via the CAG acquisition (announcement date: Feb 27, 2017).
  • Blue Point’s Feb 27, 2017 press release confirms the acquisition of Crafts Americana Group by Premier Needle Arts (a Blue Point portfolio company), supporting the transaction date used for when Knit Picks first became PE-owned (as part of CAG).
  • Founding details (year and founders) are supported by an interview/podcast page describing Knit Picks’ founding by Kelley and Bob Petkun in 2002.
  • Knit Picks’ blog references the company’s Vancouver, Washington offices, supporting the location.

Sources

Ownership FAQ

Is Knit Picks (KnitPicks.com) owned by private equity?

Yes. Knit Picks (KnitPicks.com) is currently listed as private-equity-owned by Blue Point Capital Partners.

Who owns Knit Picks (KnitPicks.com)?

Local Crafts Group (formerly Premier Needle Arts), a portfolio company controlled by Blue Point Capital Partners

When was Knit Picks (KnitPicks.com) last checked?

This page was last checked on Oct 4, 2026.